131
131
Jan 21, 2013
01/13
by
FOXNEWS
tv
eye 131
favorite 0
quote 0
on the debt ceiling has to have tax loopholes closed. speaker boehner brought the 800 billion in loop whole closures in the beginning of the fiscal cliff negotiation that should be a part of this deal. despite the fact that the president wanted rate increase on the fiscal deal and that's all they want. >> you can see the democrats and white house believe they have the argument in their back pocket. they offered once they can call on it again if they are going to concede on any spending cuts. none have been discussed at least in the short term are going to solve the problem. the only way you solve the problem is by structural entitlement reform. you have to change the trajectory. it is not 50 billion from defense spending there. it would have an impact in our capability in context with the military but the only way you get serious and change the trajectory of the debt is to have entitlement reform. >> what does that take? we are europe and finally we have to do something about it? >> i think charles's point this is a president who wouldn'
on the debt ceiling has to have tax loopholes closed. speaker boehner brought the 800 billion in loop whole closures in the beginning of the fiscal cliff negotiation that should be a part of this deal. despite the fact that the president wanted rate increase on the fiscal deal and that's all they want. >> you can see the democrats and white house believe they have the argument in their back pocket. they offered once they can call on it again if they are going to concede on any spending...
92
92
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 92
favorite 0
quote 0
>> well, we do have some crises that we're going to have to face, the debt ceiling, we're going to have to deal with sequestration as well as the concurrent resolution, and i'm convinced that in order to get something moving forward in a positive way, that speaker boehner's going to have to release republicans from just being bound to the party and do what's best for the country. so i hope this is a breakthrough. as for having this as a victory, if it's a victory for anything, it's a victory for our country. people can go to sleep at night knowing that god forbid if they have a catastrophe in their country, they may not be able to depend on the local people to come forward or the states, but they can depend on their congress to be there as historically we have always been. this is the first time we have had any type of controversy in getting it done, but late, delayed, yes, but was it done, you bet your life. >> new york congressman charlie rangel. thanks for your time. i appreciate it. >> thank you. >>> so the final outstanding issue involving president obama's inauguration next monday
>> well, we do have some crises that we're going to have to face, the debt ceiling, we're going to have to deal with sequestration as well as the concurrent resolution, and i'm convinced that in order to get something moving forward in a positive way, that speaker boehner's going to have to release republicans from just being bound to the party and do what's best for the country. so i hope this is a breakthrough. as for having this as a victory, if it's a victory for anything, it's a...
670
670
Jan 18, 2013
01/13
by
CURRENT
tv
eye 670
favorite 0
quote 0
and then they can say at that point we'll deal with the debt ceiling. so it was a way to put some pressure on mitch mcconnell. but mitch mcconnell seems to think that okay we'll pass a budget in the senate and then use that as possible leverage with the republicans in the house who might hold up the debt ceiling. >> michael: that makes perfect sense that that is what they are trying to do it is really just passing the buck. the white house held a firm line on saying we're not going to negotiate at all on this debt ceiling, and it worked. do you think this is a lesson that may carry for four years, when they see themselves posturing this way rather than what they have done on other issues? do you think this might be contagious within the white house? >> remember bill clinton and what the definition of is, is. with barack obama it's sort of what the definition of negotiation is. they will deal with the debt ceiling, and that's when you will have very active negotiations over the budget. what the house has effectively done is put this on a similar path, a
and then they can say at that point we'll deal with the debt ceiling. so it was a way to put some pressure on mitch mcconnell. but mitch mcconnell seems to think that okay we'll pass a budget in the senate and then use that as possible leverage with the republicans in the house who might hold up the debt ceiling. >> michael: that makes perfect sense that that is what they are trying to do it is really just passing the buck. the white house held a firm line on saying we're not going to...
275
275
Jan 18, 2013
01/13
by
MSNBCW
tv
eye 275
favorite 0
quote 0
ceiling deal. and by the way, the president's intransigence on this, this idea that he won't negotiate, republicans are looking at this and saying, well, we actually did get a fair amount of spending cuts the last time we fought on the debt ceiling in the budget control act of last year. the president said that this deal now would have to include an extension of the debt ceiling that they just got to avoid the fiscal cliff. well, he ultimately folded on that. so as a tactical matter, even in their minority position, they can look at this and see, well, there is some gain to be gotten here if we keep pushing on this. i think the flip side of this is also a big challenge for the president. if he really wants to unshackle the economy, if he wants to get more robust economic growth, does he not want to be more proactive about dealing with some of these entitlements, with dealing with the budget picture, even where he has real problems with his supposed, you know, partners in this to republicans? does h
ceiling deal. and by the way, the president's intransigence on this, this idea that he won't negotiate, republicans are looking at this and saying, well, we actually did get a fair amount of spending cuts the last time we fought on the debt ceiling in the budget control act of last year. the president said that this deal now would have to include an extension of the debt ceiling that they just got to avoid the fiscal cliff. well, he ultimately folded on that. so as a tactical matter, even in...
124
124
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 124
favorite 0
quote 0
in the fiscal cliff deal and the president's negotiating strategy of not negotiating on the debt ceiling has really put republicans in the corner where they're sort of backing away and saying maybe we can go in another direction but one thing i'm concerned about is when i look back at 2010 and the big losses that democrats sustained there, part of the reason was because we ceded the debate to the republicans and allowed them to frame the conversation around the debt and the deficit and if you look at gallup polling, you can see that the debt and the deficit and government dissatisfaction with government which is another strong place for republicans to fight on are rising, are increasing in importance for voters in terms of what they're concerned about so i'm concerned and wonder if you think this is right, that democrats may be setting themselves up to be on weak terrain sort to speak in terms of 2014 congressional elections by allowing this debate to be focused on the debt and deficit. >> people never stop and always in campaign mode and i think with obama the issue is, he has a campaig
in the fiscal cliff deal and the president's negotiating strategy of not negotiating on the debt ceiling has really put republicans in the corner where they're sort of backing away and saying maybe we can go in another direction but one thing i'm concerned about is when i look back at 2010 and the big losses that democrats sustained there, part of the reason was because we ceded the debate to the republicans and allowed them to frame the conversation around the debt and the deficit and if you...
249
249
Jan 15, 2013
01/13
by
CNNW
tv
eye 249
favorite 0
quote 0
understand that fitch is not just looking for an 11th hour debt ceiling deal that sets the table for another mini crisis down the road. the federal government hit the debt limit as you know on december 31st. the treasury is using so-called extraordinary measures to pay its bills through mid-february or early march. now, fitch predicts washington will extend the debt ceiling despite the current war of words between president obama and republicans in congress. what happens if we get downgraded? it happened before. remember 2011, when standard & poor's did it. that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an environment where the business
understand that fitch is not just looking for an 11th hour debt ceiling deal that sets the table for another mini crisis down the road. the federal government hit the debt limit as you know on december 31st. the treasury is using so-called extraordinary measures to pay its bills through mid-february or early march. now, fitch predicts washington will extend the debt ceiling despite the current war of words between president obama and republicans in congress. what happens if we get downgraded?...
227
227
Jan 21, 2013
01/13
by
CNNW
tv
eye 227
favorite 0
quote 0
he closed the deal on the debt ceiling with mitch mcconnell. he was the spokesman for the gun initiative. these are high-profile roles that presidents don't have to give to vice presidents. this is how important joe biden has become in this administration. >> they clearly have an incredible relationship. gloria borger just spent some time with the vice president. gloria, if you can hear me, talk a little about what we're seeing right now. >> i think you're seeing vintage joe biden. this is the joe biden that those of us who have covered him for quite some time know pretty well. i mean, it's unvarnished. this is not his parade but he's kind of turning it into his parade. i think he knows, wolf, that this could be his last parade unless he does run again. he wouldn't commit to me one way or another. i think he's surely thinking about it. we were talking here about how fit joe biden is. for a man his age. when i was -- i interviewed him in the old executive office building on friday. look at him run. and that's how he walks down the hall at the ol
he closed the deal on the debt ceiling with mitch mcconnell. he was the spokesman for the gun initiative. these are high-profile roles that presidents don't have to give to vice presidents. this is how important joe biden has become in this administration. >> they clearly have an incredible relationship. gloria borger just spent some time with the vice president. gloria, if you can hear me, talk a little about what we're seeing right now. >> i think you're seeing vintage joe biden....
142
142
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 142
favorite 0
quote 0
. >> sir, you voted for the deal, but you have also said you wouldn't vote to raise the debt ceiling. are you still firm on that? congressman yoho, can you hear me? >> yeah, go ahead. >> i was saying, yeah, you have said that you will not vote to raise the debt ceiling, however you did vote for the fiscal cliff deal. do you still stand firm on the debt ceiling position? >> we, no, sir, i didn't vote for the fiscal cliff deal. i wasn't sworn in yet. but it's like we've said -- >> you said you wouldn't vote for it, if it were you. >> right. i agree. i did not say that, but i didn't vote that way. we've raised the debt ceiling seven times, and it hasn't resolved the problem. the only thing it's done is made us go more in dead. president obama yet on his news conference said raising the debt ceiling will not raise our debt ceiling. all we've raised the debt, we have to may more interest. that in it/will increase the spending. we have a spending problem in this country. that's what we need to address. >> what is your biggest bone of content with john boehner? you've been very public about
. >> sir, you voted for the deal, but you have also said you wouldn't vote to raise the debt ceiling. are you still firm on that? congressman yoho, can you hear me? >> yeah, go ahead. >> i was saying, yeah, you have said that you will not vote to raise the debt ceiling, however you did vote for the fiscal cliff deal. do you still stand firm on the debt ceiling position? >> we, no, sir, i didn't vote for the fiscal cliff deal. i wasn't sworn in yet. but it's like we've...
80
80
Jan 19, 2013
01/13
by
MSNBC
tv
eye 80
favorite 0
quote 0
but at the time, the debt ceiling story had not been fully told. at the beginning of that fight, the poll was something like -- he asked the public, should the debt ceiling be raised, 85-1r5, against. the president was really on the wrong side. by the end of it, it had evened out in the polls and republicans ended up being blamed more so. and the economy was also in a more fragile position than it even is now. the president and people around him were much worried about what a default might do in terms of a financial crisis here and abroad. fast forward to now, and i think the president won the message debate. he convinced the public that playing hostage taking with the debt ceiling was the wrong thing to do. and he also now has the business community, all those people watching the vix who don't want to go through that again. he is in a much strorpg position now to take that stance that he felt back then. circumstances have made it easier for him to play this game of chicken and actually, at least, win for the next three months. >> even that is fasc
but at the time, the debt ceiling story had not been fully told. at the beginning of that fight, the poll was something like -- he asked the public, should the debt ceiling be raised, 85-1r5, against. the president was really on the wrong side. by the end of it, it had evened out in the polls and republicans ended up being blamed more so. and the economy was also in a more fragile position than it even is now. the president and people around him were much worried about what a default might do...
303
303
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 303
favorite 0
quote 1
and now with the debt ceiling, if we blow through these without a crisis we're all going to you know, wipe our brows and say that was good. you know, politics was working. no, wrong, the fact that we have been dealing with these crises when there is a real economy out there that actually demands policy attention is really political malpractice. >> jared bernstein and ryan grim, thank you for joining us tonight. >> thank you. >>> coming up, why republicans want you to think the president is a stick in the mud. and in the rewrite, the idiotic things said about guns, and they're never said by liberals. this is a one-sided case of idiocy, coming up. daddy, can we play ponies? right after we do foldies. tide boost is my tide. what's yours? >> announcer: did you know there are secret black market websites around the world that sell stolen identities? >> 30-year-old american man, excellent credit rating. >> announcer: lifelock monitors thousands of these sites 24 hours a day. and if we discover any of our members' data for sale, lifelock is there with the most comprehensive identity theft pr
and now with the debt ceiling, if we blow through these without a crisis we're all going to you know, wipe our brows and say that was good. you know, politics was working. no, wrong, the fact that we have been dealing with these crises when there is a real economy out there that actually demands policy attention is really political malpractice. >> jared bernstein and ryan grim, thank you for joining us tonight. >> thank you. >>> coming up, why republicans want you to think...
106
106
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 106
favorite 0
quote 0
and now with the debt ceiling, if we blow through these without a crisis we're all going to you know, wipe our brows and say that was good. you know, politics was working. no, wrong, the fact that we have been dealing with these crises when there is a real economy out there that actually demands policy attention is really political malpractice. >> jared bernstein and ryan grim, thank you for joining us tonight. >> thank you. >>> coming up, why republicans want you to think the president is a stick in the mud. and in the rewrite, the idiotic things said about guns, and they're never said by liberals. this is a one-sided case of idiocy, coming up. impact woos from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before inve
and now with the debt ceiling, if we blow through these without a crisis we're all going to you know, wipe our brows and say that was good. you know, politics was working. no, wrong, the fact that we have been dealing with these crises when there is a real economy out there that actually demands policy attention is really political malpractice. >> jared bernstein and ryan grim, thank you for joining us tonight. >> thank you. >>> coming up, why republicans want you to think...
152
152
Jan 13, 2013
01/13
by
MSNBCW
tv
eye 152
favorite 0
quote 0
we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a struggle speaking to a whole segment of the population about our principles of limited government and free enterprise if they think we don't want them here, alluding to those who might benefit from the d.r.e.a.m. act. so republicans have their own pr campaign to conduct with latinos on immigration reform, but how is the president going to combat republicans who want to see a more piece meal approach as we move forward here? >> reporter: i think we've seen the way the president has handled other recent challenges from his republican opposition when you consider just the fiscal cliff hanger as it were with campa
we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a...
55
55
Jan 18, 2013
01/13
by
FOXNEWS
tv
eye 55
favorite 0
quote 0
jay carney at the white house called for passing a clean debt limit deal without delay. leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some people. >> with the white house refusing to negotiate spending cuts and the democrat controlled senate unlikely to pass a budget as part of a long-term deal to raise the tet ceiling, pat toomey of pennsylvania is reintroducing legislation he says will avert the u.s. from defaulting on the debt. >> we must prioritize three categories of payments. one would be debt service, interest on the debt so we would haven't default. a second would be social curt payment to seniors so they don't worry whether the c
jay carney at the white house called for passing a clean debt limit deal without delay. leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl...
1,285
1.3K
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 1,285
favorite 0
quote 0
with the debt ceiling, they could be downgrading the united states, the watch for that. once again the debt ceiling. i want to point out one thing. the last time we went -- whole drama about the debt ceiling, we got downgraded, do you know what happened to the interest rates? they went down dramatically. yeah. the -- treasury market actually went up. happened to be the same time that europe was going through its crisis. and -- the safest investment in the world seen at the time is still by many people in the world is the u.s. government debt despite the huge amounts of it we continue to borrow. >> are you still traveling around the world? >> yeah. i'm the chief international correspondent. fourth quarter was dominated by domestic news. i did travel in the fourth quarter. we are waiting to see if the italian elections with berlusconi should be interesting. waiting for chavez the die. >> that should be a party. >> always interesting. >> come back when you can. >> if you can stick around as much as possible so we don't have to talk to brian sullivan. >> i was trying to say
with the debt ceiling, they could be downgrading the united states, the watch for that. once again the debt ceiling. i want to point out one thing. the last time we went -- whole drama about the debt ceiling, we got downgraded, do you know what happened to the interest rates? they went down dramatically. yeah. the -- treasury market actually went up. happened to be the same time that europe was going through its crisis. and -- the safest investment in the world seen at the time is still by many...
160
160
Jan 18, 2013
01/13
by
CNN
tv
eye 160
favorite 0
quote 0
with these things, take the small one first, debt ceiling last, i think it's a rational, reasonable thing to do. >> now, for some, wolf, maybe even those in the republican house leadership, like him talking about what is rational and reasonable, that may be a bit jarring but the house republicans are coming out of their three-day retreat saying they have a better chance of reaching their goal of broad spending cuts. and that means not making the demand in the next few weeks, which is exactly what it would mean because, according to most economists, we will hit that debt ceiling mid-february. >> so here's the question, bottom line, is is this a sure thing? will congress actually vote to raise the debt limit next week? >> well, there is a catch. the house gop, the leadership at least says what they are going to try to pass next week would raise the debt ceiling for three months but with a condition. and that would be that the house and senate pass budgets. it may seem simple but house republicans like to point out that they haven't passed a budget in years. we already saw a carefully
with these things, take the small one first, debt ceiling last, i think it's a rational, reasonable thing to do. >> now, for some, wolf, maybe even those in the republican house leadership, like him talking about what is rational and reasonable, that may be a bit jarring but the house republicans are coming out of their three-day retreat saying they have a better chance of reaching their goal of broad spending cuts. and that means not making the demand in the next few weeks, which is...
355
355
Jan 21, 2013
01/13
by
MSNBCW
tv
eye 355
favorite 0
quote 0
with the debt ceiling. he broke the republicans's arms on that. >> still got the votes. >> sandy relief who will disagree on that? >> a lot of of people. remember how chris christie was screaming? >> screaming at -- >> house republicans. >> right. >> what happens is up until now you had something called the hastert rule in the house. republicans stood together. that has been demolished in the last month. it's going to continue to be demolished when votes on immigration comes up and solving the sequestration money comes up and also on the budget. the real test for the president is whether he is going to go up against his own caucus to do things on medicare social security and a few other issues. >> we are looking at the president on a motorcade going down pennsylvania avenue. every time i look at the inaugural route, i can't help but go back to january 20th 1977 and jimmy carter breaking precedent and stepping out of the car and shaking hands with the american people. >> he walked the whole route. >> his fou
with the debt ceiling. he broke the republicans's arms on that. >> still got the votes. >> sandy relief who will disagree on that? >> a lot of of people. remember how chris christie was screaming? >> screaming at -- >> house republicans. >> right. >> what happens is up until now you had something called the hastert rule in the house. republicans stood together. that has been demolished in the last month. it's going to continue to be demolished when...
212
212
Jan 14, 2013
01/13
by
CNNW
tv
eye 212
favorite 0
quote 0
>> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would have to go out and issue bonds in order to get cash to pay for it. and that was just a cumber some, awkward thing to do. what they did was create this debt cerealing which meant t ce could issue bonds for chunks of money not related to every single law that was passed. it was just because it was cumbersome. it is not a debt control or spending control measure. the president used an analogy today, used many, to say this is like eating at a restaurant, having your fill and not paying the bill. if you want to discuss -- >> dine and dash. >> yes, dine and dash. we have two problems. one is we have to understand the terms of this thing. this is about increasing the treasury's ability to pay for things that have already been committed to by the government. the danger is if you have
>> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would have to go out and issue bonds in order to get cash to pay for it. and that was just a cumber some, awkward thing to do. what they did was create this debt cerealing which meant...
269
269
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 269
favorite 0
quote 0
so they ended up coming up with a deal. you get some sense from these interviews about the tough decisions and the factors that go into the decision making that has taken place over the last four years. >> peter baker, thanks very much, for coming on. we appreciate it. your piece is in this sunday's "new york times'" magazine. joe conason, stick around. that's your punishment, you have to stay here with donny and i. more trouble in the skies for boeing's dream larlinerdreamlin. business before the bell with cnbc's brian shactman. weight watchers online worked for us. we don't argue much. we really don't. meg usually just gets her way, and i go along with it. i think it worked for matt because i did it for him. when i'm the one cooking, i'm the one calculating the points. i can microwave things. you get to eat real food. we still get to go out. we're just so much smarter about it. we can keep each other in check. going, "okay, i see you." we've lost about 110 pounds together. it helped our love life. happy wife, happy life,
so they ended up coming up with a deal. you get some sense from these interviews about the tough decisions and the factors that go into the decision making that has taken place over the last four years. >> peter baker, thanks very much, for coming on. we appreciate it. your piece is in this sunday's "new york times'" magazine. joe conason, stick around. that's your punishment, you have to stay here with donny and i. more trouble in the skies for boeing's dream larlinerdreamlin....